Get RID of DEBT! | Money Matters Ep. 3 | Ankur Warikoo Hindi

[@warikoo]

If you wish to be part of the Money Matters series, please fill up this form: forms.gle/Tmbo2nUTnhn9vjpG7 Money Matters is a series where I have conversations with normal people such as you and I, on your personal finance issues. It is important to note that I am NOT a financial expert, I am NOT SEBI registered, and I am NOT qualified to give financial advice. Everything that I say in these videos is purely through my own experiences. - So these videos do not offer any stock tips, or specific mutual fund recommendations or get-rich-quick schemes. - I am not selling any product or service through these videos. - None of the brands that I mention in these videos have paid me to mention them, unless I explicitly say so (and I will say if the video is sponsored). This also means that my advice may not always be the right advice. So incase I make a mistake, the best way to correct me will be to share your point of view in the comments, so that everyone can benefit from it. I am not perfect, nor claiming to be either and would love to learn and grow. The idea is simply to help people with their finance journey and through their story try to help others who may have a similar story. If you wish to be part of this series, please fill up this form forms.gle/uj9JPUBp8Wo9nZQi7 Buy my new book 'MAKE EPIC MONEY' here: www.makeepicmoney.com/ My Money Apps: bit.ly/3Zg56eR My bestselling books: ‘GET EPIC SHIT DONE’: ankurwarikoo.com/getepicshitdone ‘Do Epic Shit’: ankurwarikoo.com/doepicshit My gear for shooting this video: 🎥 Sony a7III camera: bit.ly/3M42wAV 🎬 Sony FE 24-70 f2.8 Lens: bit.ly/3KCCiF0 🎙 Shure SM7B Microphone: bit.ly/3O1NAVA 🔆 Fill Light 60W: bit.ly/37aJolP 💡 Key Light 150W: bit.ly/3O9nyjs 📽 Benro IT15 Tripod for Sony a7III camera: bit.ly/3O4PvJ1 Useful links: 20 books for your 20s: bit.ly/WarikooBooks 20 online courses for your 20s: bit.ly/WarikooOnlineCourses Gadgets that I use: bit.ly/WarikooGadgets The above links are on Amazon. If you buy any of these using the above links, I stand to make affiliate income from it. 100% of this income is contributed towards the education of kids who cannot afford it. In 2021 we contributed 38L and in 2022 we contributed 53L.

[@ALLEN-c2u]

Sir make video about personal portfolio management services and pms vs mutual fund

[@shivamsharma-vq3ts]

Sir I am 19 year old please gide investing

[@faizannu]

Can u please take a look on my finances and guide me

[@vijayk9457]

but, their situation is continue to be same as right now, since they are Investing the whole amount from Land into MF bulk/SIP right? They can keep some emergency fund of say Rs. 5.0 Lakhs. Because, she said the whole income is matching with the expenses right now.

[@swapnilkute00]

Hi ankur how to get correct person for investing in mutual funds

[@margretsusngi]

This lady husband and in laws are great. She, a home maker, yet she knows everything about her husband finance. Most home maker had no idea. I'm sure her husband shares everything with her besides she's well educated which makes sense. This is amazing.

[@warikoo]

I loved that bit!

[@shivanshmishra25]

More credit to husband as well to keep his lady aligned. Most women’s don’t know because men’s don’t want to share😂

[@kaival]

I don’t know about others but where I come from It’s usually the female who controls all the money even though she’s not educated ! I learnt most of my personal finance from my mom

[@laasyasvlogs2696]

I'm also a warikoo follower,same here I'm only the financial planning person from 16 years,my husband is a hard working person,but he don't want to do financial planning,he is enjoying his time with family outings& OTT platform 😂😅 but after watching warikoo videos I'm improved myself so much better than before , thanks Alot Sir,💐🙏🙏🙏, you are my Guruu in financial planning upto our retirement, with out anybody's Support, just we are planning with our hard earned money,so much Satisfaction we can't forget your help regarding financial planning 🙏🙏🙏😊

[@sivabehara953]

If they know these things, they will monitor their ancestors, mostly in-laws' properties and pressure their husbands to take money from them. (Not applicable for all😂)

[@AyushSingh86]

Banker here. Don't sell the ancestral home. Approach the bank and submit a request to increase the loan tenure by another 5/10 years. The housing loan EMI will be reduced and you will have breathing space to manage current expenses. Then whatever additional income the lady or her husband generates, she can pay the bank which will reduce the principal amount. Housing loan does not have pre payment or part payment charges at least in govt banks. This approach will save her from selling and ancestral property, her current housing loan EMI will be reduced and the amount she saves can be utilised in investing in MF or any other savings assest.

[@ketan_digital146]

How it possible, if they increase the loan tenure then intrest money also increases, And if they repayment the some money every year , will bank reduce only principal amount? I think bank will reduce that repayment amount from outstanding amount, Will bank reduce tenure fro that repayment amount? Please answer

[@user-nc7bd6nj9m]

​@ketan_digital146 yes, if they increase tenure interest will increase. The prepayment we will pay will be directly reduced from Principal amount not from outstanding. You have the option to either reduce tenure or reduce the EMI during prepayment.

[@ServicePot]

Need more insights did they took the home loan on the interest of fixed rate or floating rate ? And the issue was they didn’t paid even a single amount of down payment 😮

[@kumarami]

People charge money for such in-depth financial consulting which you are doing free for people in need. Good job Ankur, keep up the good work for people. People’s love is ur real achievement rather than the monetary growth of ur own assets. Good show AW.✌🏻

[@MoHdMoId]

Hey Ankur, Its a very good way to interact with real people directly and fix their financial issues by guiding them. I really liked this approach! This will definitely help us INDIANS become financially free. KEEP THIS SERIES ON!!

[@BeingDaughterFirst]

Getting rid of debt is really challenging.Personalised suggestion and guidance are extremely required.

[@APHRURJDJFHFHDHDHHXBX5480]

Im not huge fan of watching financial videos as it stress me so often avoid but i do watch sometime by forcing and one things is very clear having financial knowledge can create lot difference making money is different thing but utilising it is a different things and he proves it everytime..

[@TheGroundLeveldev09]

This is one of the unique shows in the world I have seen so far.who is working for middle class mentally blocked due to bad financial decisions. I wish more power to Sir.. please coach us as always❤

[@rajeshwarinesargi]

Best part of Ankur is he never puts down the person while suggesting the solution.. kudos to his efforts 😊

[@Niteshheg]

I am from US and follow your channel diligently. I think this kind of common peoples financial problem solving makes more sense then solving first world problems … love this series !

[@gunjansharma959]

Thanks sir for starting this series. you are doing a wonderful job by spreading the much needed financial awareness

[@pranavpatil-o5c]

Basic things; 1. Selling In laws or ancestors property in not a good idea, it looks like a dumb thing. She is not thinking by value of their hard earned money. Also sure that her inlaws will not aggreing with her thoughts. 2. Instead she can work & or minimize with the expenses. 3. 3 Lack is a good ammount which she has, can prepay partial car or home loan. She can invest it & earn more money will cover other expenses as well. Conclusie thought: One should not buy expensive cars for status symbol when you are not able to pay it's loan ammount. Instead you buy wagon R alto or Tiago which does the same work for travel, rent Or sell it.

[@jagadishchalageri6885]

Sell inlaws hard earned property is not a good idea 😂😂😂😂

[@naman881]

Yes you are right Maa baap ne jo property banayi use bachho ko behne ka koi haq nahi hai

[@jigaradhiya7289]

Alto is far better option...!!

[@eliasahmed7487]

@@jagadishchalageri6885 Why?

[@eliasahmed7487]

Why selling is not a good Idea?

[@Ashishchoubey]

The car loan EMI for 2 years @15k p.p comes to 3.6 lakhs and she's saying that the outstanding amount is Rs. 6.5 Lakhs. This is not adding up and I'm surprised Ankur didn't notice this.

[@SmartSupportofKohinoorAshraful]

2 years left from the loan tenure..they might not be paid previous payment..so outstanding is increased

[@sai.boyina]

She got clear understanding of what is what. She can jump into IT Field as she speaks good English and her confidence levels are top notch. Im happy to gyide her in case she needs guidance.

[@KalpanaA-g1d]

This is the first time I have written my comments. The conversation between both is really very good. He explained the way, and the reply was very good. It's helpful to most of the family situations

[@kalpananarendra7599]

Hey, Ankur, you have raised your level of likeability by doing this great job by live examples and relatable to every person, otherwise people just motivate which is very easy

[@ramtamma3249]

Appreciate the Lady taking steps towards increasing wealth and become debt free..im a financial researcher and I could say Ankurs advice is the best that the lady could ever get.

[@makanricky]

Ankur I could be wrong, but if she's earning a 15% return annually: 72/15 = 4.8 years (nearly 5) So, it would take approximately 4.8 years for her investment to double at a 15% annual return.

[@debzkool]

This is probably the most helpful show series available.... Very relatable and helpful for all.

[@sandhyaubamanyumohan2494]

I wish I had such one person who advised and helped to come out of issues. I am waiting for one such suggestion to change my life to better me and future.

[@poushalimondal2834]

i just loved when you said "why don't you have a career not just to help your husband but why waste a talent beautiful as yours"... i think that's a problem in India where girls (not to mention pressure from society parents family) leave career for marriage only to come back few years later to help their husband .. rest of the video is really practical and insightful

[@gowris7397]

Can you mention the time of this part

[@vishalpatil4864]

The caring of using money of his husband and lawd In this woman is really appropriated 🌸

[@perveezm8535]

Komali gave a real great suggestion.... follow-up after 2-3years. Clarity in finance needs honesty between partners involved.

[@ManjeetSinghSanghera-ek7ef]

Basically the younger generation need to understand finance since it is easily manageable now. But lately they are not into saving but spending.

[@theearth6313]

I love watching your videos. You are very transperent, pure soul, curious and hard working personality. You are enjoying what you are doing and we love and support that from bottom of heart. Keep doing such great job will be helpful for people who are unaware of financial management and specially series like this for people in financial stress. Thank you very much.

[@Music27-Bkl]

I am a regular viewer of channel. I am realising my mistakes by watching ur videos. Yesterday I saw your epic money book in railway station and I purchased that. From yesterday to now I am glued to your book. Wonderful book ,( not a book but a notes on financial learning). Thank you so much for such a fantastic book.

[@warikoo]

All the best

[@akashkoley2211]

Sir, MFs are not guaranteed to generate 12 - 15% return per annum. MF can generate more return if one can invest hard earned money at market dips. Etf is better than MF. She can also look at etf where she has a better chance to get a little more extra than MF.

[@saurabh8532]

Can you scan book and send me

[@Jagotmedhi6428]

I want this book

[@prettysanayaartcraft]

Hi Mr warikoo I m in govt job After 12 years after marriage my husband slaps me and say "tumhare paise kaha Gaye tum jano" By that day I manage all my salary with all liabilities of my kids and home.(including everything) But today don't know how I invest my money for my kids and myself liabilities for their future.Want to talk you.

[@Chetan-n3n]

Hai, Instead of investing 25lakh in mutual fund. Complete home loan and car loan after selling ancestor property, Remains 60-50=10 lakh in hand approximately. So now invest this 10 lakh in Mutual fund first, then do SIP regularly from your salary. Overall immediate all loans will be cleared and also savings will be done, instead of keeping the loans for other 4 years.

[@ajayrajpalujjain]

Thanks God u have given very helpful person.who give solutions to our financial problems..ye series chalati rahe world record Bane ankur ji.if you can charge we are ready to pay.kitane achche se aap sun rahe the.mai to fan ho gaya aapka

[@vaishalis9707]

Great way to suggest the manner in which the loan can be repaid and corpus built. I would have also thought of repaying the car loan first. But hearing this conversation my perspective changed and it is unbelievably manageable in the manner the it is presented 👍👍

[@finplay_in]

The guest speakers provided valuable insights. It's great to hear from experienced investors.

[@pinkygoodgirl3040]

I'm a big fan of your podcast that fixing middle class financial planning. Last night I brought your recent book "Make epic money" Book and awaiting for delivery.

[@Monk-wv4ub]

What a advice- Sell ancestors property (which definitely disconnect you from your roots) and build property on loan, finally feel proud on your achievement 😄😄

[@theamreshsharma]

Please give me a chance to attend the money metter - filled the form Waiting to meet India's best lovely finance teacher Warikoo Sir

[@rambabunijpuria]

अब Money Matters Episode का बहुत ही इन्तजार रहेगा जी ❤❤❤

[@जागृती-ध8झ]

Fix your fininance

[@sudiptamondal6500]

Dear Ankur sir I am big fan of you. I have sent the google form last episode. Thank you so much for the nice series. I learn a lot from this

[@adig478]

People talk so confidently on mutual funds and it's returns that it's frightening. Just remember that previous performance is no way a marker of future earnings.

[@sanjayjupadhyay462]

Sir...bhai warikoo...your SOUL trying to get..approval of masses a ordinary people.. nice of you, u may do something big for nation in future...my expectatio ...namaste. ❤

[@madhupatel5362]

Good evening Sir. Thank u very much to organize such program. U r a very honest and humble human being who shares all his tit bits ideas along with the viewer. Great job. Keep it up please. God bless u and entire team

[@Enlightyoursoul743]

Just a question, is the car loan really @7.50% ? I am a working bank professional, and repo rate is @ 6.50% & considering last time rate changed was February MPC. I have an educational loan from SBI which is pretty minimal considering Government provides rebates to students who study on TOP 15-20 university. My Education Loan is now @8.5% which was at some point @7.5%. Request to cross-verify the interest rate once again as it might impact your repayment cycle. Thanks.

[@Talk_logical]

People investing in stock market for last 3-4 years think that market cannot go down.

[@2610Rakhi]

Really, Its a great step taken by Ankur Warriko...He is really a very simple man & a gem💎.. Thanks for helping us woth these episodes...we really need this...♥️

[@JustChill76]

This is great. Speaking with commoners You are so unassuming and you made her very comfortable. Keep rocking Ankur

[@ManjeetSinghSanghera-ek7ef]

Gem of a person, he presents finance with ease. Just keep doing good work. Would like to see an episode with 50-55 year , Working/ Retired person. I m ready to join if needed.

[@slimshady1954]

I would rather invest the complete 60 Lakhs in FD and will get the interest of 3.5 Lakh After Cutting all the taxes. Then Directly Pay that amount for the new Home Loan. This way my Principle Amount is saved and Home Loan EMI is also reduced

[@SuchindraMailwartimmaji]

Okay! Why do I feel that she’s elated and so happy because he suggested her to sell the ancestral house which she was also thinking 🙊

[@kamal._.paliwal]

I agree with the solutions, 4.8 crores in the bank account would not might grow in old ancestral house. And there’s also no need for another property and living like at NIL position with so much stress in head. Instead they would sell the property, start investments and live a little stressful and better struggling and earning ultimately. Great 👍

[@dhanshrimathne1174]

@Ankur You are an amazing Financial Advisor. The way you decode the proper use of money is so helpful. Keep sharing such videos. Thankyou

[@suga2034]

This is the only knowledge one/world should have at an early stage then your life would be organized..!! KUDOS to ANKUR..!! 👃

[@azruddinansari8695]

Ankur sir bahut sare fund small cap, mid cap, large cap, flexi cap to confuse hota hai investment karne k liye sir aap kabhi just example mein batao na selection process.

[@satishpatel9407]

You are simply great Ankur, I always waiting for your now magical financial advice...

[@ms_0308]

Your explanation is best I am waiting for your videos 🙂😊

[@VDaNTdahake]

Plss do not stop this series we can learn who others mistake and learning❤❤❤❤

[@mayankagrawal6616]

Relying on risky stock market for future, is it worth seeing current market conditions, we dont know what will happen in future and what new expenses will be levied on us, feel little confident about it

[@sudipbanerjee8312]

Whatever Ankur sir suggested, please follow and I would suggest that you have good command over English and obviously over chemistry also so please try to engage yourself in private tuition in chemistry /English and that may fetch some additional income. Best wishes.

[@Sk-wc4qd]

She does not want to work 😂

[@victorpatro5364]

Ankur you are always true to your suggestions and love your series. Followups could be more exciting and trendsetters too

[@hiratechrides8866]

Sir ....If you want to sell the house, you have to pay the home loan first to the bank....This is the rule of the bank..... The deed of the house is deposited in the bank.... The bank will return the deed only when it receives the full amount... So if you want to sell the house, the entire amount will go to the bank.... There will be no money in hand

[@harishchowdary2105]

Really really great of you sir to bring some hope and positivity in Komali mam’s life… ❤❤❤ I wholeheartedly wish her all the best and thank you once again for helping out others in their life changing simple decisions which will going to impact them in a big way…❤

[@worldofac]

I am totally against clearing home loan. My home loan interest is 8.5%, if I discount tax return, it is giving effective interest ~7% after factoring in the volatility of interest. So this is cheap money and keep on continuing the loan and that extra money you are planning to put in home loan, put it in index fund if not mid cap or anything more agressive. This will appreciate much faster and by this snowball effect you will get enough money to clear the home loan. Yes I know a huge loan adds pressure and sleepless nights, I do have only home loan of 42Lk, but get used to it and focus to increase the available amount at a rate faster. 7% effective interest in home loan vs ~15% return from equity. Do your excel math.

[@HustleWithShubham01]

thanks for making this video sir i want to also come on your channel for improving my personal finance journey hats off to you sir you are really doing great work this thing really needed for every indian citizens

[@Allaboutsuccess_111]

Money matters series ke liye mei wait karta rehta hu.. please aise videos ko continue rakhe, I request you ankur

[@chetanshukla768]

Simple and polite lady. This episode was quite helpful.

[@sikkimhobbies22]

Thank you so much Sir....You are my inspiration for the SIP but always i have a question about what happen if i die between the years of investment? My family needs to withdrawal it or continuously invest? Please help

[@naveensodem]

On paper it might look as if you are paying higher interest during initial months and lower interest during later months, but in reality , its the interest component is always on the outstanding amount. So, when you pre-pay / settle the loan doesn't actually matter. Its the same thing.

[@prakashth]

Sell the ancestral home, pay off all loans. Use the salary every month to invest in stock market. From peace of mind perspective this is a better approach

[@sureshsajja712]

"Warikoo sir, if someone gets a 12-15% CAGR in a mutual fund, then the fund will double in 5-6 years (assuming with out expense ratio), not 4 years. Even a one-year difference makes a lot of difference in the long term. And I also feel, sir, that you should provide two to three different ways to get rid of financial debts. That's what I feel."

[@abhishekshirkar9409]

It's a very educative and motivational video series. Thank you, Ankur and Team. Please create a video on how to take a Home Loan/Personal Loan or points to check while taking these loans.

[@yuhantechbytes]

Thank You sir ji. I also got new idea to close lone Arly . Increase EMI with 10% & pay extra EMI ones in year Her English is so good. My English is not so good but I also trying to flaunt in English.

[@lifeinterabytesforever2329]

Nice to learn these things practically from someone's life but I found Some mathematical errors 1. Home loan 45k per month for 48L, 9yrs left 😢 2. Car loan 15k x 12 x 2 = 360000 but left is 6.5lac. Anyhow thanks ... wishing Mrs Komali all the very best

[@Corporategurjar]

Life is not about accumulation of crores after 4-5 years. It is living with happiness. She is facing challenge in meeting monthly needs and we are talking about investment. Bhai koi bhi ghar becho and pay off your debts and live happily instead of killing yourself for next 4-5 years.

[@sarbjitkaur3219]

Don't sell your home.....this is only hard time....time always gone....2023 mein Maine yeh Galti ki hai...or abhi tk pachta rhi hu....

[@AmitKumar-wk7vn]

She said 2 years are left if she pays car loan EMI of 15k per month.@ 10:28, she said car loan outstanding for 6.5lac. Not possible. Forget interest, if she pays emi for 2 years, the total amount paid will be 3.6Lac

[@sujitpatil6980]

Same for home loan calculation, with 45k EMI it's impossible to pay 48 lakh loan in 9 years

[@swathikalisetty2441]

Ankur Sir.....Women side of me....cant stop thinking....ur well aging like wine...just handsome and wise........

[@Copyrightfree1505]

Really appreciated Ankur Sir, you solve financial problem chutki me. Jaise gale pe debt ki churi lagaii thi n usko ice banake jaiise melt Kiya Aram se 😅🎉

[@dailyroutinemantra8742]

I love the way you explain ankue really 🙏 Making such video is part of social help which you doing by put your self in our shoes 🥰

[@tamerharsh]

इस पॉडकास्ट की जितनी तारीफ की जाए कम हैं ..

[@farahhusain3933]

Love this series. M a regular follower. Sir you rocks

[@neelsrv]

I still don’t see a need of selling the ancestral house (which technically she doesn’t even own) She seems to be literate. 1) Home tuition in HYD will get her 15K 2) Try requesting the in-laws-To rent that ancestral house. With a rental yield of 2% they could still consider a decent 10K/month With this they will have 25K extra and may be after the car loan ends they will have another 15K extra. And if she is confident on her money management and investment journey..may be she can take a portion of the 25K for her Trading/Investing.

[@pawan.agrawal]

Only selling nothing else no plan just simple advise I don’t think anyone need to sign up for money matters as it’s only views matter for Ankur that’s again for money

[@Guiding100]

There no better feeling than owning a land and house... So I feel you should keep the house... Since it's already like an investment... It's better to rent the house

[@latamange1883]

This can help thousands who are in this sort of situation ❤

[@abhijitkundu1879]

South people are very much charming and very polished and very much neat and clean very much transparent and translucent 🌹🌹

[@ms_0308]

Your explanation is very good ☺️😊

[@tamas-roy]

I am very impressed your financial loan repayment plan. Big thanks

[@umeryawer]

Hello Ankur sir. Very nice suggestions by you to get rid of debts. God bless U

[@narigina6414]

Great initiative sir, much appreciated for these sessions.

[@thapliyalshivika]

Ankur's biggest achievement is making blunders OK. plus those expressions deserve a show of their own :D

[@PhDLaw]

Yes.

[@harshkesarwani6001]

Idts it’s a best advice. It’s very complicated what I’ll do I would sell the house and pay the remaining EMIs and save capital gain tax on it and invest 50k from salary in MFs small and large cap.. in longer period of time this is the best option I can see because sometimes it’s not about the ROI it’s about the piece of mind..!

[@Nawaz7861]

Instead of increasing emi its always good to pay of to the principal because usually it will incur charges to increase EMI.

[@Happysoul_3]

Idk how caleb hammer does episodes every day. In India there should be atleast one finance youtuber who should be doing 2-3 episodes😅

[@abhijitkundu1879]

Thank you Sir bas Sir please pray for me that Ratan Tata and Sons and group should and must retain me rest all is mine allow me to serve the Nation 🙏🙏🙏🙏🙏🌹🌹

[@shankart5191]

She will not sleep until that IN-LAW house is sold 😅 But as old age people they need safety till their life. It’s not wise to sell now! Some quarrel happens with in-laws ..it’s quite possible in this fast paced world , they will not have own house to live ! In-laws should not agree to seek that house 🏠 😊

[@SPR632]

Simple suggestion : For Husband, look for job with better pay hike

[@talirenlalongkumer4219]

You are an inspiration and a lovely person.....

[@sumitsharma3282]

Sir I have filled the form 2 times.plz consider for your guidance

[@CalmGoshawk-nb9tt]

I disagree with ankur. A better option is give the hometown house for rent. You will get an extra income. And put that to clear off car loan first.

[@saumyamishra-cl1co]

Selling the ancestral house to close the home loan should be the option to avail. The family will save on property tax. Also selling the property for 60 lakhs will attract 30% tax so the lady will be left with 42 lakhs and not 50 lakhs. Pls correct me if I have got anything wrong.

[@Enlightyoursoul743]

Correct, 20% tax rate with additional cess & any other charges as may be applicable.

[@nikhileshadiyala]

That actually makes sense!

[@santhoshthadaka6121]

How come a 15k emi paying 2 years will be equal to 6.5L outstanding amount. Something is seriously wrong and it was not caught during the conversation

[@KetanPatil22]

How can a monthly EMI of 15000 and 2 years left to repay and 6.5 lakhs to repay.. Simething is wrong here.

[@Abhishek-bo8ed]

exactly!

[@konaomkar8214]

And home loan also for 9 years with 45000 it is around 48 lakh but she is saying present loan is also 48 lakh. Then who will pay the interest.

[@paraggore]

Paying one extra emi at d end of yr is fine... manageable....but increasing emi by 10% is truly difficult... E.g. 45k emi next yr becomes 49.5 Second year per month emi would b around 55k, 3rd yr per month emi apprx 61.5 So other expenese need to hit badly if this continues...

[@Rkd01989]

Firstly I liked ur suggestion but I have slight difficult view point and suggestion. Correct me if I am wrong. 1. Ancestral property should not be sold. Since it’s valuation is 60L so I am assuming it could give around 15k rent if not value addition should be done so we provide some basic semi furnished place or split the house to rent for students so u earn 15k which is car emi. So all rent earned goes to car emi. Which is like money earns and pays luxury 2. 9% home loan is quite high. This should be restructured. ie retake a loan with bank which gives around 8.5 atleast and increase the repay tenure to 25years. Which might reduce emi and what is left 45k-new emi should be paid directly the principal amount. So if new emi come to 25k as u are increasing the 9yr payment to 25 years .

[@Rkd01989]

These are not financial advices to madam but a counter suggestion to ankur sir as he know far better then I do. Sir correct me if my calculation or view point is incorrect